Significant tourism and employment boost for Pyrmont
19 Sep 2019
The Sydney Business Chamber says the announcement of a $750 million investment by the NSW Government in the new Sydney Fish Market project is a clear signal supporting the revitalisation of the whole Pyrmont precinct.
“The redevelopment will support an extra 242 jobs at the markets and lead to hundreds more in supply chains up and down the NSW coast,” said Katherine O’Regan, Executive Director of the Sydney Business Chamber.
“The Sydney Fish Market is already a major international tourist destination and this long-awaited redevelopment is expected to see visitor numbers at least double when it finally opens for business in 2024.”
“Sydney needs a diversity of attractions to support growing numbers of international and domestic tourists but importantly, this development will provide additional amenity to Sydney locals.”
“This project has been discussed for many years so it is great to see a financial commitment to it. Importantly, the redevelopment will increase open space with visitors able to walk along the foreshore from Glebe to Woolloomooloo.
“The construction of a new promenade and a new ferry wharf adds a new dimension to the Sydney experience and we look forward to engaging with the community and business through the community consultation process.”
“Along with the current review of the Pyrmont planning framework and revisiting of the Ritz Carlton tower proposal, the Government’s move to secure funding brings the Fish Market redevelopment a step closer - another sign supporting the Premier’s statement that ‘Pyrmont is open for business’.”
“Pyrmont is the natural extension of the exciting development of the Western Harbour precinct running from Barangaroo around to Darling Harbour in creating the western gateway to Sydney, the City of opportunity,” said Ms O’Regan.
Media contact: David Peters 0413 872 491